YEARLY HIGH
0.0588 MMK
YEARLY LOW
0.0524 MMK
YEARLY AVERAGE
0.0560 MMK

2011 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0588. Conversely, the yearly low was recorded on December 29, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0065 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0558 to the December average rate of 0.0536, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0588 was down 1.90% compared to the 2010 peak of 0.0600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 294 MMK
2010 Average 267 MMK
Yearly Trough Low 262 MMK
Transaction Impact: A difference of 32.39 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0581
0.0532
JanuMarcMayJulySeptNove

ISK to MMK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0565, compared to 0.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0565
H2 Avg (Jul–Dec) 0.0554

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0039 MMK (High: 0.0570 / Low: 0.0532). On the other end, February was the most stable month, with a tight range of 0.0015 MMK (High: 0.0567 / Low: 0.0552).

November Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0569) against the same month in 2010 (average: 0.0503), the exchange rate shifted by +0.0066 (+13.04%).

2011 Avg (May) 0.0569
2010 Avg (May) 0.0503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0567 0.0549 0.0558
February 0.0567 0.0552 0.0558
March 0.0573 0.0556 0.0565
April 0.0587 0.0568 0.0576
May 0.0588 0.0556 0.0569
June 0.0574 0.0557 0.0565
July 0.0572 0.0549 0.0560
August 0.0576 0.0556 0.0565
September 0.0570 0.0540 0.0553
October 0.0576 0.0541 0.0558
November 0.0570 0.0532 0.0552
December 0.0549 0.0524 0.0536